Once you’ve decided to sell your mortgage note or trust deed, the next step is to find a trustworthy professional note buyer. Here are some factors to consider when talking to prospective note buyers about your note. 7 Tips for Finding a Trustworthy Mortgage Note Buyer We realize that it’s not always an easy decision to offer seller-financing on your … Read More
5 Reasons to Sell Your Mortgage Note Now
Have you heard? Folks are selling their owner-financed mortgage notes and trust deeds every day for various reasons and using the lump sum of cash they receive for more urgent or prudent purposes. Why are they selling? It usually comes down to one of two things … a need or a want. Common needs include paying for college tuition or … Read More
How to Structure Notes for Top-Dollar Pricing
The terms of a seller-financed transaction have a dramatic impact on the price an investor will pay should the seller ever decide to sell their note, mortgage, trust deed or contract. Here are the key elements of a seller-financed transaction that will ultimately determine its fair market value. Down Payment – The general rule is “more is better.” The more … Read More
Is it Time to Sell Your Note?
Every day people make the right decision to sell the mortgage note they carried back from the sale of a home. While some folks do keep their seller-financed note for the entire term, more often they decide at some point to sell the note and receive a lump sum of cash. Why Offer Seller-Financing? Chances are you sold your house … Read More
Obtain Pricing on Notes in 3 Easy Steps
What is a fair price for a seller-financed note in today’s market? Here are 3 easy steps that sellers can take to receive a fair-market price before they make a decision to sell their note. Even if you ultimately decide not to sell your note at this time, it still makes sense to obtain a quote or appraisal on your … Read More
What is Seller-Financing?
Seller-Financing (or owner-financing) refers to a sales transaction in which the seller allows the buyer to make payments over time for the property being purchased. This “private” financing by the seller replaces the more traditional conventional financing offered by banks. There are many reasons why a seller might offer financing to a buyer. Perhaps the buyer is self-employed and can’t … Read More
